September 24, 2024

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Boost Your Profits with AliExpress Arbitrage

77% of Shoppers Abandon Purchases Without Preferred Payment Options

AI Revolution: Nvidia, HubSpot, and Tech Giants Bet Big on the Future

Amazon’s AI Assistant ‘Project Amelia’ Could Transform eCommerce

Amazon Launches ‘Grade and Resell’ Option for FBA Sellers

ECOMMERCE SALES

Boost Your Profits with AliExpress Arbitrage

Sellers, both new and experienced, can expand their product lines and increase profits by using retail arbitrage—buying products from retailers and reselling them online. One common method is AliExpress arbitrage, where items are sourced from discount marketplaces like AliExpress and drop-shipped via DSers with Shopify integration.

To get started, sellers need accounts on Shopify, DSers, and AliExpress. Shopify costs $29 per month, while DSers starts at $49. Once the accounts are connected, sellers can browse AliExpress for products and add them directly to their Shopify store with a simple click.

After selecting products, sellers can edit details like titles, descriptions, and variants to better suit their market. Once the products are listed on Shopify, shoppers can make purchases, and the seller fulfills the order by buying the item on AliExpress through DSers. Shipping usually takes between seven to ten days.

AliExpress arbitrage also helps fill inventory gaps without requiring sellers to hold stock. However, since many vendors may offer identical items, effective marketing is crucial to stand out in this competitive space. The key isn’t just posting products—it’s promoting them successfully using tools like Omnisend.

SPONSORED BY OMNISEND

Join over 80,000 Shopify stores using Omnisend to boost sales with email & SMS

Looking for an easier way to create emails that really stand out?

Want to grow your email list with pop ups and landing pages that actually work?

How about a solution that helps you boost sales with personalized, well-timed emails and SMS then?

Omnisend is your all-in-one email and SMS marketing app, made just for Shopify merchants who want to reach more customers and boost sales.

So how does it work?

You can easily create high-converting campaigns using hundreds of pre-made templates—no coding needed!

Automate workflows like abandoned cart reminders and welcome emails with just a few clicks.

Grow your list with exit-intent popups, fun spin-to-win forms, and other engaging tools.

Plus, gather and display product reviews to build trust and encourage more sales.

Trusted by over 80,000 users and backed by 5,100+ five-star reviews, Omnisend makes marketing easy, letting you focus on growing your business.

Boost your sales with Omnisend—sign up today to see the difference!

ECOMMERCE TRENDS

77% of Shoppers Abandon Purchases Without Preferred Payment Options

In today’s eCommerce landscape, platforms like marketplaces and aggregators face growing pressure to offer diverse payment options. A PYMNTS Intelligence report in collaboration with Spreedly reveals that payments orchestration has become a key solution, helping platforms manage complex payment systems and improve merchant relationships.

With local payment methods expected to represent 58% of global transactions by 2028, up from 47% in 2023, platforms must adapt to meet this demand. A staggering 77% of consumers say they will abandon their cart if their preferred payment option is unavailable, highlighting the importance of seamless integration.

Integrating multiple payment service providers is often challenging, with 80% of companies struggling to identify causes of payment failures. Payments orchestration simplifies this by offering a unified solution, reducing false declines—an issue that cost U.S. businesses $81 billion last year.

Beyond eCommerce, orchestration benefits nonprofits and unions by enabling efficient payment processing. As platforms expand globally, orchestration ensures compliance with international regulations, giving platforms the confidence to enter new markets and enhance the merchant experience.

In a competitive eCommerce space, payments orchestration is crucial for driving growth and ensuring customer satisfaction.

ECOMMERCE AI

AI Revolution: Nvidia, HubSpot, and Tech Giants Bet Big on the Future

Tech giants are making bold moves in AI, with Nvidia, HubSpot, and a $100 billion data center initiative backed by Microsoft and BlackRock leading the charge.

Nvidia’s AI Aerial platform aims to transform telecom networks, integrating AI into radio access technology to power 5G deployment, eCommerce, and supply chains. This innovation could optimize everything from wireless networks to autonomous vehicles.

Meanwhile, HubSpot’s new AI-powered Breeze platform is revolutionizing marketing, offering tools to streamline content creation, social media, and customer service. This push reflects a broader industry trend toward AI-driven personalization and enhanced customer experiences.

Behind the scenes, AI is reshaping retail, automating supply chains and predicting customer behavior without the need for futuristic robots.

On an even larger scale, Microsoft and BlackRock’s $100 billion bet on AI-powered data centers could redefine global trade, with lightning-fast transactions and hyper-personalized shopping experiences. These AI hubs are poised to become the invisible backbone of a smarter, more efficient commercial world.

ECOMMERCE TECH

Amazon’s AI Assistant ‘Project Amelia’ Could Transform eCommerce

Amazon’s new AI tool, Project Amelia, is poised to revolutionize eCommerce by offering sellers personalized business insights using generative AI technology.

The assistant streamlines tasks like inventory management, sales analysis, and compliance, helping smaller merchants compete on Amazon’s platform. Experts believe Amelia’s stock prediction capabilities will be especially valuable during high-demand periods, reducing overstock and stockouts.

Project Amelia can significantly enhance inventory planning and forecasting for independent sellers,” said Hafez Ramlan, marketing manager at Atomix Logistics.

Powered by Amazon Bedrock, the assistant answers queries on selling strategies, policies, and performance metrics. Currently in beta for U.S. sellers, it learns from interactions to provide increasingly tailored advice.

Amazon isn’t alone in the AI race. Shopify’s Sidekick helps sellers write product descriptions and optimize marketing, while eBay’s AI generates professional images for listings. Etsy’s assistant boosts product visibility with effective tags and titles.

As more platforms embrace AI commerce assistants, the technology is expected to intensify competition and streamline eCommerce operations for businesses of all sizes.

ECOMMERCE TECH

Amazon Launches ‘Grade and Resell’ Option for FBA Sellers

Amazon has introduced a new program called Grade and Resell for independent sellers using Fulfillment by Amazon (FBA) in the United States.

Previously available only to retail brands, this initiative allows sellers to manage product returns more effectively by providing a channel to recover value from returned inventory.

It also offers customers a wider selection of preowned and open-box products, according to a blog post by Gopal Pillai, Amazon’s Vice President of Worldwide Returns and ReCommerce.

Under the Grade and Resell program, returned items are inspected and then offered for resale. “Before an item can be sold through Grade and Resell, we conduct a comprehensive inspection,” Pillai explained. Each item is evaluated and assigned one of four conditions: ‘Like New,’ ‘Very Good,’ ‘Good,’ or ‘Acceptable.’ For electronics, the evaluation includes powering on and factory-resetting the device.

This program joins existing options for FBA sellers, such as Product Support, Returnless Resolutions, and FBA Donations. Easy return processes are increasingly important to consumers, with a recent report indicating that 47.1% of shoppers consider convenient return options when choosing where to shop online.

Signing off,

The Merchant @CartHustle